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>> hi, everyone. welcome to the "journal" coming to you live from dw in berlin. the u.s. president defies a fragile economy and high unemployment to win the election, telling the american people the best is yet to come. >> appeals from angela merkel to her european partners -- an end to the eurozone debt crisis will require more unity. >> and a parliamentary vote on another round of austerity cuts in greece. >> thanks for joining us. barack obama has won his second term in office as president of the united states, but his celebrations will be short-lived as the multitude of urgent issues on his desk draws him back to work without delay. >> the first order of business will be to negotiate a new budget deal in congress by the end of the year. otherwise, and harsh plan of spending cuts and tax increases are due to go into effect. we will hear more about that later on in the show, but first, a look back at how things play out on election night in the u.s. >> his face said it all -- president barack obama had to fight hard to keep his job in a tough race against his republican challenge
. ramin mellegard joins us from the business desk. we saw many americans celebrating the re-election of president obama but it seems the mood was different on wall street. >> it really was. we're seeing the reactions following the elections. investors really concerned about tax and spending issues and that's going to be a major focus going forward. government spending cults and tax hikes are set to go into effect at the end of the year. the so-called fiscal cliff. investors worry obama will be unable to resolve the crisis with the house of representatives still controlled by the republicans. the key index on the new york stock exchange fell sharply when markets reopened after the election. the dow jones industrial average at one point lost over 360 points. the index finished the day at 12,932, down 2.3% from the previous day's close. new york stocks dliped from the start as investor concerns shifted to how obama will address the country's economic challenges. they're particularly worried the fiscal cliff could weigh down u.s. growth into the new year. >> it's a pretty sad da
under way across the u.s. as americans decide who will lead the country for the next four years. after vigorous campaigning right to the last minute and aggressive advertising that made it the most expensive campaign of all time, president barack obama and his challenger mitt romney both into the election day confident of victory. >> but most election polls say the race for the white house is too close to call, meaning the result will be decided in a small number of so-called swing states by florida, ohio, virginia, and new hampshire, which was the first to vote on the stroke of midnight. >> voting began early in this part of new hampshire. the first ballot such traditionally cast here at midnight, and after the first 10 were tallied, it was a drop -- draw. >> for president -- this has never happened before -- we have a tie. five votes each. >> of voting in dick's bill has never been a gauge for the rest of the nation, but this year, polls show the race is a dead heat -- voting in dixville has never been engaged for the rest of the nation. >> after all the months of campaigning, after
. >> the final campaign day for the u.s. president and his neck- and-neck rival. a last-minute scramble for votes. >> the syrian regime steps up its campaign of violence as the oposition struggles to unite. >> argentina is on a roll. citizens of buenos artists discovered the joys of riding a bicycle. >> they have been battling it out for the past 18 months. spent of billions of dollars of their campaigns and the still the polls show that the u.s. presidential election is too close to call. both presidential -- both president obama and his republican challenger on the final stance of the campaign, promising to get the country out of its economic slump. >> the election could come down to a handful of battle-ground states. making final pitches to u.s. voters. >> mitt romney began his last day of campaigning in stamford, florida. in 2008, florida voted for obama. but he hasn't kept his promises, says romney. unemployment and the national debt are higher than ever before. >> one day away from the first day of a new beginning. my conviction of better days are ahead. it is not based on promises or rheto
minister and the u.s. secretary of state. the truce calls for an immediate halt to the fighting and reportedly aims to work towards a longer-term solution as well. >> the latest escalation in violence began just over a week ago. since then, some 140 palestinians and five israelis have been killed in air strikes and rocket attacks. >> we will be trying to go live to cairo and also to gauze in a moment, but first, let's get back to evens earlier in it -- earlier in the day that threatens to derail the talks -- we will be trying to go live to cairo and also to gaza in a moment. >> panic on the streets of televisa. ambulances rushed to the scene of the explosion. -- panic on the streets of tel aviv. the bus was burned out but not torn apart, suggesting it may have been a relatively small bomb. israel is calling this a orist attack. >> hamas is a murderous organization, an organization that calls for israel's destruction. anyone who negotiates with them and the prime minister's holding talks with the americans, should know who sits there in gaza, and the need to hit them in those sam
's no way for us to gauge how corrupt the system is, the party is there. basically, he is telling people -- get things in order behind closed doors or else the whole thing is going to blow up. >> possibly, yes. what china's leadership has learned is that tiny little events may have a major impact internationally but also in certain countries. look at northern africa and egypt, tunisia. they have studied these processes very intensely, and they know -- they have roughly 100,000 incidents of social unrest a year. >> what do we expect -- what are you expecting from the new leadership in terms of foreign policy? >> mostly a continuation of policies as we have seen the mayan past. china's major priority to stability in as regional environment but also globally. china needs stability in order to promote economic policies. >> thank you very much for coming in to talk with us. >> you are welcome. >> we will also have a look at the politically sensitive topic of rich and poor in china, a gap that has widened over the past 10 years, coming a little bit later in the program. moving on to syria -- "
obama becomes a first- inning president to visit burma. but >> lewis hamilton wins the u.s. grand prix. >> ban ki moon has arrived in cairo in support of the cease- fire between israel and hamas. >> the exiled leader of hamas says they must take the first up a bit want the truce in israel. they will consider a cease-fire in israel and their attacks and the siege of gaza. >> israel has bombed building and at least 90 people have been killed and some 700 wounded since the air strikes began. >> the bombardment of gaza continues. israeli defense forces are picking targets they say it are connected to palestinian militants. the billionaire also among the latest casualties. across the border in israel, ground troops are massing in preparations for a possible invasion. israel has no mobilize and 40,000 reservists. elsewhere, diplomats are attempting to broker a ceasefire. in jerusalem, middle east peace envoy tony blair met with perez to stop the rocket attacks. >> it is clear we do not have any ambition to gain an advantage but we just want to stop the fire. >> more than 1000 rockets have be
countries have kicked off negotiations on a huge solar energy project in the sahara desert. u.s. president barack obama has arrived in new jersey to tour the devastation left in the wake of super storm sandy. >> obama was joined by new jersey governor chris christie, who is republican, but christie has praised the way the president has handled the crisis. they viewed storm damage by helicopter. obama will also be meeting with residents and emergency workers. >> cleanup work is in full swing on the east coast after sandy flooded cities, washed out bridges, and caused billions of dollars in damage. >> but new york city is making it clear it is back in business. mayor michael bloomberg rate in the opening bell at the new york stock exchange, which was closed for two days. >> the storm killed over 40 people on the east coast and caused unprecedented damage. >> life is slowly returning to normal in new york. on wall street, major stock their first two-day closure ine- over a century. emergency generators provided the power. most of lower manhattan is still in the dark. an unusual event in the c
us from the business desk. >> we've been reporting for quite a while now on government leaders really trying to attempt to wrestle with their budgets along with international lenders and it looks like this latest effort is going to drag on until later this month. eurozone finance ministers have shelved a decision on another bailout for greece until november. they want an austerity deal with international lenders first. finance ministers from 17 countries held a telephone witness to discuss the bailout. they said greece has yet to reach agreement on specification austerity measures with its creditors. the creditors include the european union and international mown tear fund. the austerity measures are a precondition for fresh emergency loans to avoid a potential default. the finance ministers urged the greek government to reach a consensus on labor reforms. the ministers will again discuss the greek bailouts when they meet on november 12th. greece is taking that pressure from the eu seriously. the government there has submitted a revitdsed draft budget to parliament outlining yet more
e will allow the u.s. to becomesue year 200035. se-- 2035. >>orgn imports are 3 accordin theae by 2017, ori aria ne mho f erain oil and a shell sesvewi beesnsleorhe rnou. -- oil a gre poib. energy is in mndtrl tis llal sghy. it i aifre sryn eae cles wl meand the m sharply over the xtece. the international agency -- energeyelvemail be spped to asia in theute dillchgihe map o global energy flows. >> and no major plunge for the daxod. we on this report fmhe anurstk chgen at movintoy. >> to 0.7%, the gmastk de ltn e pvis week, so maybe it is already good ns tt d n inevitably plunged further on e rstrindaf is ek political issues like greec eisl ifn the united states, kpi iesrs xis darngeason is about to come to an e i gean so far, very few mag t suriitthr earnings and many doubt whetherheutok mi in will manage to change the trend. l'av aloser loo at some of the market numbers. thax ending justlitlup 78. euroox0 down. theowonp a bit to 1235 theus adg a $1.2710. >> we seem to having se chnical dficulties. l's tn to some japanese stocks. they have taken de closing almost one o d
ace chung leave for the united states in may. he using the internet mostly for his activism. >> translator: the communist party is the biggest violator of the rights of the chinese people. >> reporter: however, his activities are monitored closely. and he continues to be harassed. one time he was attacked by police agents as he left his house. another time he found the tires of his car had been flattened. his wife is also an activist. in this video she's being obstructed as they leave the house. the harassment has extended to the whole family. the situation got so bad that his wife left for hong kong in september together with their daughter who was 4 at the time. they were worried that they were no longer safe in beijing. >> translator: i'm happy that my wife and daughter will be somewhere that's safe and free. but i'm really going to miss them. >> reporter: eleven days after they left on september 18th, hu was placed under house arrest. a week later on october 25th, ahead of the communist party congress hu was moved to a province 1,200 kilometers south of beijing. the auth
correspondent has been following this from brussels, and he joins us now. is it clear yet if an increase will get this next tranche of bailout funds it is waiting for? >> it is not clear. after today's spat, greece is hoping that on the occasion of the next meeting, that could be cleared, but the problem is that some national governments -- sorry, some national parliaments, will have to approve this first. the timetable is tight. it is very difficult, and it was not at all clear from this meeting, which was dominated by the dispute between international monetary fund and the europe group ministers, just how quickly they could do that, but greece is saying it will be out of money, bankrupt, by friday november 16. they have got to raise money on international markets somehow, and they need the backing or at least the promise of that extra bailout to do that. it is a bit of a puzzle. >> how big is this difference of opinion we've been hearing about? >> big. what happened earlier today or late last night reflected the frustration in the international monetary fund at the constant pushing off
Search Results 0 to 11 of about 12